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22 Non-current assets held for sale

On 31 December 2015, there were no non-current assets held for sale. As of 31 December 2014, the carrying amount of non-current assets held for sale amounted to CHF 109 million. Included therein are real-estate properties and investments in associates of the segment Other Operating Segments with a carrying amount of CHF 99 million and CHF 10 million, respectively. As part of the takeover of PubliGroupe in 2014, one real-estate property and investments in associates were acquired which were due to be disposed of within the following twelve months. The associates relate to various shareholdings in media companies in Switzerland. For further information – see Note 5.

In 2015, real-estate property and investments in associates with a carrying amount of CHF 109 million were disposed of. In the prior year, real-estate property and investments in associates were sold for a price of CHF 205 million. In 2014, a gain on sale of real-estate property of CHF 33 million arose which was recognised in the income statement as other income.